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Nifty Intraday Pivot Points

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  #691  
Old 26th August 2008, 10:43 PM
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Default Re: Nifty Intraday Pivot Points

Hi Ram,

Buying Sept 4300 PUT At This Point Is Not Advisable.

Will Let You Know If & When It Is Necessary To Do So.


Happy & Safe Trading

SavantGarde

Quote:
Originally Posted by trader999 View Post
Savant Garde Sir,
Should I buy a Nifty Sep put 4300 now?


Ram
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  #692  
Old 26th August 2008, 11:04 PM
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Default Re: Nifty Intraday Pivot Points

Dear savanth, how can R1 n R2 which are less than NF closing values can act as resistances. Pl clarify.also, waiting for ur explanation wrt ur strategy to be continued.
krishna
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  #693  
Old 26th August 2008, 11:38 PM
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Default Re: Nifty Intraday Pivot Points

Hi Krishna,

Resitances (R1,R2...) Are Calculated From The Pivot Point....Therefore, If The PP Is Lower Than NF Close Then It Is Quite Normal To See Some Of The Resistances Below NF Close.

Will Put The Second Part Later During The Night.


Happy & Safe Trading

SavantGarde

Quote:
Originally Posted by vangara_kris View Post
Dear savanth, how can R1 n R2 which are less than NF closing values can act as resistances. Pl clarify.also, waiting for ur explanation wrt ur strategy to be continued.
krishna
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  #694  
Old 27th August 2008, 12:47 AM
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Default Re: Nifty Intraday Pivot Points

hi SG,will u plz explain how you place stop loss. thanks
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  #695  
Old 27th August 2008, 03:16 AM
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Default Re: Nifty Intraday Pivot Points

Hi Raj,

S/L Is Something One Must Be Comfortable In The Whole Scheme Of Trading.

There Are No Hard & Fast Rules, This Conclusion I Have Come To Because Considering The Fact There Are More Rules Of S/Ls Than There Are Indicators & Trading Setups.

Hence, In The Pivot Posting One Can Follow Immediate Resistances Or Supports, Probably A Little Above Or Below As S/L Strategy.
Alternatively, You May Exit A Postion At A Point Where The Move May Make You Uncomfortable....In Short, Immediately In Your Uncomfortable Zone.


Happy & Safe Trading

SavantGarde

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hi SG,will u plz explain how you place stop loss. thanks
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  #696  
Old 27th August 2008, 03:52 AM
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Default Re: Nifty Intraday Pivot Points

Hi Krishna,

Here Is The 2nd Part (Explanation For BUY, BUYHOLD, SELL & SELLHOLD)

Triggers Happen After The Market Because The Calculations Are Done Based On EOD (End Of Day Data)

Therefore, Any Action Warranted Can Only be Taken On The Following Trading Day.

1) If EOD Calculations Has Triggered A BUY Then One Should Take A Long Position When The Market Opens Or Ideally A Little After The Market Has Opened & The S/L Be Adjusted As Per The Update

2) Ofen I Am Asked, Why At Times The S/L Is Higher Than The Close
Now When You Have A S/L Higher Than The Close, That Is The Point Where A Couple Of Things May Happen:
a) Postion Doesn't Move Anywhere Close To The S/L
b) There Is A Gap-Up & That Is When You Lock-In Some Of That Gain By The Higher S/L Being Discussed.

3) What Happens If, Higher or Lower S/L Gets Triggered
a) That Is The End Of The Postion For That Day
b) If The Posting Still Shows A BUYHOLD Continuation For The Following Day, There Are A Couple Of Things That Can Be Followed Depending On An Individuals Risk Appetite
c) One Can Take A Long Postion In Coninuance To Your Previous Days Postion or Long Postion Maybe Entered A Little Above The New S/L For That Particular Day.

Similarly, One Would Follow The SELL & SELLHOLD Trigger & Update

Now, From BUY & BUYHOLD If The S/L Has Triggered & Next Days Update Indicates Fresh Trigger Of SELL, Then One Should Go Short & Follow All The Rules Outlined Above.

Exceptions To The Rule Is, One Can Take Profit At Any Point That One Wants To.....Same Goes For S/L, Depending On Ones Risk Appetite.

Especially, Where Money Is In Question, It Is Best To Gain Enough Faith In The System Through Diligent Following & Analysing The Systems Performance In Various Types Of Market & Making Notes Of Your Observation, Such As Knowing What Kind Of Market System Performs Better & What Kind Market It Is Lacking In Performance.

Knowing The Strengths & Weaknesses, Will Go A Long Way In Developing Your Faith In The System.

Ofcourse, Individual Personalities Having Affinity To A System Is Important.

Whatever System One Adopts, In A Way Does Become Your Second Wife If You Already Have One.

Do Let Me Know, If I May Have Missed Anything Or You Have Any Query.


Happy & Safe Trading

SavantGarde
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  #697  
Old 27th August 2008, 06:19 PM
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Default Re: Nifty Intraday Pivot Points

Savant Garde Sir,
At what level of Nifty can i buy a call Sep series?


Ram
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  #698  
Old 27th August 2008, 09:29 PM
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Default Re: Nifty Intraday Pivot Points

Nicely explained savant. Thanx 1s again. will fet in tuch with u whenever required. Today's levels for 2moro pl.
Krishna
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  #699  
Old 27th August 2008, 11:48 PM
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Default Re: Nifty Intraday Pivot Points

Hi Ram,

Only Advisable To BUY Another CALL If NF Goes Down To 4200-4180


Happy & Safe Trading

SavantGarde

Quote:
Originally Posted by trader999 View Post
Savant Garde Sir,
At what level of Nifty can i buy a call Sep series?


Ram
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  #700  
Old 27th August 2008, 11:52 PM
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Default Re: Nifty Intraday Pivot Points for 28th August 2008

Nifty Intraday Pivot Points for 28th August 2008

Code:
NF CLOSE	4290.00

PIVOT		4345.00

R1	4377.10	S1	4334.40
R2	4409.10	S2	4323.70
R3	4419.70	S3	4291.70
R4	4430.40	S4	4259.70
R5	4462.40	S5	4249.10
R6	4494.40	S6	4238.40

Code:
NIFTY FUTURES BUY SELL TRIGGERS

DATE		CLOSE	TRIGGER	S/L

18-JULY-2008	4077.65	BUY	3960.70
21-JULY-2008	4165.10	B.HOLD	4033.05
22-JULY-2008	4249.95	B.HOLD	4130.80
23-JULY-2008	4490.70	B.HOLD	4250.50
24-JULY-2008	4443.10	B.HOLD	4378.00
25-JULY-2008	4329.65	B.HOLD	4458.60
28-JULY-2008	4337.15	B.HOLD	4454.90
29-JULY-2008	4198.90	B.HOLD	4390.10
30-JULY-2008	4326.40	B.HOLD	4339.60
31-JULY-2008	4335.10	B.HOLD	4309.60
01-AUG-2008	4432.85	B.HOLD	4354.30
04-AUG-2008	4405.45	B.HOLD	4398.05
05-AUG-2008	4527.95	B.HOLD	4446.50
06-AUG-2008	4526.00	B.HOLD	4507.90
07-AUG-2008	4531.60	B.HOLD	4564.40
08-AUG-2008	4549.00	B.HOLD	4593.60
11-AUG-2008	4633.60	B.HOLD	4599.70
12-AUG-2008	4560.45	B.HOLD	4610.90
13-AUG-2008	4550.70	B.HOLD	4624.10
14-AUG-2008	4437.05	SELL	4608.60
18-AUG-2008	4409.25	S.HOLD	4556.30
19-AUG-2008	4390.05	S.HOLD	4494.30
20-AUG-2008	4435.70	S.HOLD	4453.30
21-AUG-2008	4287.10	S.HOLD	4433.30
22-AUG-2008	4324.10	S.HOLD	4412.70
25-AUG-2008	4337.00	S.HOLD	4390.50
26-AUG-2008	4350.25	S.HOLD	4371.90
27-AUG-2008	4290.00	S.HOLD	4324.00

BANKNIFTY FUTURES BUY SELL TRIGGERS

DATE		CLOSE	TRIGGER	S/L

18-JULY-2008	5368.00	BUY	5064.50
21-JULY-2008	5589.10	B.HOLD	5230.50
22-JULY-2008	5781.60	B.HOLD	5479.90
23-JULY-2008	6350.10	B.HOLD	5780.10
24-JULY-2008	6210.95	B.HOLD	6088.00
25-JULY-2008	5931.85	B.HOLD	6272.20
28-JULY-2008	5911.20	B.HOLD	6248.00
29-JULY-2008	5418.95	SELL	6075.50
30-JULY-2008	5693.55	BUY	5909.10
31-JULY-2008	5706.95	B.HOLD	5809.50
01-AUG-2008	5980.00	B.HOLD	5795.20
04-AUG-2008	5989.95	B.HOLD	5887.50
05-AUG-2008	6397.45	B.HOLD	6063.60
06-AUG-2008	6338.05	B.HOLD	6302.80
07-AUG-2008	6387.00	B.HOLD	6488.50
08-AUG-2008	6469.45	B.HOLD	6563.00
11-AUG-2008	6720.50	B.HOLD	6580.00
12-AUG-2008	6507.35	B.HOLD	6629.30
13-AUG-2008	6398.10	B.HOLD	6673.30
14-AUG-2008	6041.65	SELL	6595.40
18-AUG-2008	6036.65	S.HOLD	6415.90
19-AUG-2008	6017.00	S.HOLD	6237.80
20-AUG-2008	6041.10	S.HOLD	6132.10
21-AUG-2008	5709.45	S.HOLD	6082.00
22-AUG-2008	5778.70	S.HOLD	6022.10
25-AUG-2008	5867.20	S.HOLD	5961.60
26-AUG-2008	5968.10	BUY	5937.70
27-AUG-2008	5815.00	B.HOLD	5660.50

CNXIT FUTURES BUY SELL TRIGGERS

DATE		CLOSE	TRIGGER	S/L

30-JULY-2008	3793.65	BUY	3738.00
31-JULY-2008	3769.00	B.HOLD	3754.00
01-AUG-2008	3872.80	B.HOLD	3799.80
04-AUG-2008	3869.40	B.HOLD	3856.50
05-AUG-2008	3959.90	B.HOLD	3898.90
06-AUG-2008	3985.00	B.HOLD	3945.40
07-AUG-2008	3995495	B.HOLD	3991.10
08-AUG-2008	3934.70	B.HOLD	4018.60
11-AUG-2008	3935.00	B.HOLD	4016.50
12-AUG-2008	3841.30	SELL	3995.50
13-AUG-2008	3874.35	BUY	3964.60
14-AUG-2008	3919.80	B.HOLD	3942.60
18-AUG-2008	3943.00	B.HOLD	3945.50
19-AUG-2008	3925.35	B.HOLD	3964.30
20-AUG-2008	3935.05	B.HOLD	3979.50
21-AUG-2008	3833.90	SELL	3968.00
22-AUG-2008	3832.40	S.HOLD	3935.80
25-AUG-2008	3861.10	S.HOLD	3901.80
26-AUG-2008	3909.40	BUY	3885.50
27-AUG-2008	3884.00	B.HOLD	3897.90
Happy & Safe Trading

SavantGarde
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